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post steve jobs is one thing. but i think that they are doing fine. they did miss a bunch of quarters. where einhorn's really right is they are anti-shareholder friendly. i mean, if the ultimate thing that comes out on the proxy is we are against something that was proposed that is reasonable, shareholder friendly, that what does that say? what does the statement say? why isn't the dividend bigger? why isn't the buy back bigger? most companies would not tolerate the treasury stance of apple. they would just say it's not good enough. and i think einhorn's right on that. solution, all i can tell you is when you discuss with a company an idea and then you see a proxy, the proxy that your idea is wrong, given the fact that they have used cash, i don't know, intellectually, apple's position can't be defended. >> trying to head him off at the pass. >> right. right. >> doesn't it say that whatever their reason is for saving this money, they haven't communicated it effectively? >> thank you. >> right? >> yes. there must be a reason. >> but say it. say, okay, look, we are looking at developing
host who has been back with us, jeremy siegel, the bull. steve liesman, also thank you for sitting in all week. that's been terrific. becky and joe, it's been great. good luck over the weekend. we hope you get back here and it all works out. say hello to nemo and the weather. we're going to see you -- >> be careful with all that snow. >> absolutely. anyway, make sure you join us monday. "squawk on the street" begins right now. >>> good friday morning. welcome to "squawk on the street." i'm melissa lee. we're live from the new york stock exchange. let's see how your friday session is setting up on the u.s. futures. it looks like we'll have a positive session with the s&p looking at 2 at the open, dow looking at 13. in europe, the eu summit continues. but the action really taking its cues from china this morning. we have green arrows across the board in europe. take a look at asia. strong eco data out of china in focus. much more on that in just a moment. the road map begins at the golden arches. not even the cheddar onion burgers could help mcdonald's. they missed estimates in every
. the unemployment rate climbing to 7.9%. steve liesman joins us with his take. he wasn't kidding. a busy morning. >> yeah, really. hopefully i'll earn my paycheck on a day like today, carl. as rick said, i think the important part was, most of it better than expectations. the construction number, that could help that negative one on gdp. we'll get to jobs in just a second. but also the ism pgoing well. total 157. private sector 166. unemployment ticking up. hours unchanged at 34.4. earnings up .2. the revisions, 127. i want to talk about that. i want to show you a chart here that takes a look at -- there's the bar chart. there's the old private sector fourth quarter average of 185. and now it's 225,000. but what was the fourth quarter? the fourth quarter was full of fiscal cliff concerns. so doug duncan, an economist at fannie mae, writing this morning, the payrolls in the fourth quarter is consistent with robust growth in business investment in the gdp report. we already saw that. suggesting that uncertainty over fiscal policy did not hurt businesses hiring and investing as feared. if it did hu
. >> you're still bullish? >> bullish as anything. >> doug, richard, thank you. steve, michelle, thank you. >> thank you. >> chicago tomorrow. >> we also have bob ruben tomorrow. "squawk on the street" begins right now. >>> good wednesday morning. welcome to "squawk on the street." i'm melissa lee, with carl quintanilla with jim cramer and david faber at the new york stock exchange. the day after the s&p and nasdaq posted their second best days of the year. we looking at a higher open, pretty much across the board. actually, they just turned. we're looking down open here, 59 points on the dow. down 7 on the s&p 500. take a look at the picture over in europe. the big waiting game is on with the ecb starting tomorrow. we're seeing red arrows on the board. most notably the euro hitting a one-week low against the u.s. dollar. in asia, china up eighth straight session. nikkei highest level since september of 2008. disney set to open at record highs. strength in media networks. word that it's planning films based on "star wars" characters. >>> zynga, revenues continue to fall and the social gami
on this post-super bowl wrap-up day. steve liesman, we'll see you tomorrow. join us tomorrow. "squawk on the street" starts right now. >>> good morning. welcome to "squawk on the street." i'm carl quintanilla, with melissa lee, jim cramer. david faber is off. signs of reemerging political turmoil, both in spain, and in italy making investors a little bit reluctant to press the button for the upside. it comes after the dow did top 14,000 on friday for the first time in more than five years. look at europe, that's where the story's going to be for most of the morning before we close at 11:30 eastern time. germany taking it down 1,100 points as well. asia got action as well as china. nonmanufacturing came in better than expected. clearly the story is going to be in europe for most of the morning. >> we've certainly seen a flight to safety take place this morning, as we've seen the bond yields, particularly the spanish 10-year bond yields blowing out overnight. we're seeing bids higher today. german bonds also higher. the 10-year yield in the united states, back below 2% at this point. >>
think that will occur. >> you know, todd, steve lewis at monument securities is basically asking today whether in europe, mario draghi is playing a confidence strike on everybody. and he can't actually come in to intervene in the markets in order to support the bond markets. do you bother watching european news anymore or is it dead to you? does it not matter to the european rally? >> yeah, you know, that's a great question, simon. and that's something i was -- we were thinking in the back of our minds, back late last year how europe is in a way disappeared from the headlines. it seems the past three, four years now, early in the first quarter, europe always comes back in the picture. it was something that was on our minds in terms of what -- >> so do you want -- >> the ball will drop. >> but do you watch -- >> if you think about it, i think there has been a disconnect between the u.s. equity markets and europe throughout the last 12 or 18 months. the u.s. market will respond to europe. do we watch it? yes, we do. i think there's some noise, if you will, from day to day. but overall, t
Search Results 0 to 5 of about 6

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